Monthly Archives: January 2012

1.30.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

1.30.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,  http://ow.ly/8MDPP (permalink). Today’s lead, “Chenault says four weeks enough to deal with the oil tax issue.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

1.29.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

‎1.29.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,   http://ow.ly/8L8yw (permalink). Today’s lead, “Alaska faces tough choices amid oil decline.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

Legislative Presentations on Norway Oil & Gas Policy

On Thursday (January 26), Ira Perman, the Chairman of the Institute of the North, Nils Andreassen, the Executive Director, and I made two presentations regarding the Institute’s fall 2011 Norway Policy Tour.  The focus of my segment was on the potential lessons which can be learned from Norway’s oil & gas policy and, in the presentation before House Economic Development, Trade & Tourism, some thoughts on the manner in which some of lessons could be adapted to Alaska.

The first presentation was before the House Economic Development, Trade & Tourism Committee.  The Gavel-to-Gavel (video/audio) archive of the presentation is at Hearing Before House Economic Development, Trade & Tourism (January 26, 2012).  The documents considered by the Committee, including the slide deck accompanying the presentation, are at Hearing Documents.  My portion of the presentation starts at (minute) 19:00.

The second presentation was before an open “Lunch & Learn,” sponsored by House Resources.  The Gavel-to-Gavel (video/audio) archive of the presentation is at  Lessons Learned from Norway Presentation by the Institute of the North (January 26, 2012).  The slide deck accompanying the presentation is at Norway Report Legislative Lunch & Learn.

1.28.2012 Perkins Coie Daily Alaska Oil & Gas Newsletter

1.28.2012 Perkins Coie Daily Alaska Oil & Gas Newsletter,  http://ow.ly/8K7v9 (permalink). Today’s lead, “State of Alaska provides about $4B in tax credits under oil tax regime passed in 2007.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

1.26 – 27.2012 Perkins Coie Daily Alaska Oil & Gas Newsletter

1.26 – 27.2012 Perkins Coie Daily Alaska Oil & Gas Newsletter, http://ow.ly/8JAnx (permalink). Today’s lead, “Alaska missing out on oil boom.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

1.25.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

‎1.25.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,    http://ow.ly/8H9QH (permalink). Today’s lead, “Alaska faces tough decisions on budget, analyst tells lawmakers.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/.  Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

1.24.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

‎1.24.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,    http://ow.ly/8FoK7 (permalink). Today’s lead, “Chenault Renews In-State Gas Line Push.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

1.23.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

‎1.23.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,    http://ow.ly/8ElCW (permalink). Today’s lead, “Oil Fields Gushing in the U.S.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.

What is Bill Wielechowski reading?

In an interview published in this week’s Petroleum News (“Wielechowski remains critical of HB 110“), Senator Bill Wielechowski argues that, under their state oil & gas leases, producers are required to undertake additional drilling when they can make a “reasonable profit.”  (“I think you need to look at the legal obligation the companies incur when they take out a lease. Their obligations require them to develop the lease when they can make a reasonable profit.”).

This repeats an argument I first heard the Senator make repeatedly at a debate earlier this month with Senator Cathy Giessel and which he then repeated in a subsequent, extended exchange on Facebook following that debate.  (“The leases … say they must produce, drill, develop when they can make a reasonable profit.”)

The problem?  The leases which cover the vast majority of the existing North Slope fields don’t say what Senator Wielechowski says they do. Continue reading

1.22.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter

‎1.22.2012 Perkins Coie’s Daily Alaska Oil & Gas Newsletter,  http://ow.ly/8CgbI  (permalink). Today’s lead, “AGDC can be strong force for Alaska gas.” For more news, see the “Daily Articles & News” column (lower right side) at https://bgkeithley.com/. Daily headlines and links from Upstream Online, Oil & Gas Journal, Petroleum Economist, Platt’s, LNG World News, Fuel Fix, plus.